Field/project development
The project partners and the Newfoundland and Labrador government reach agreement over life-of-field benefits, royalties, and an equity option, moving development toward sanction in 2027.
Operator started planning the development before it made its latest North Sea discovery.
The Middle East’s largest unconventional gas development officially begins production as Saudi Aramco targets 6 million BOE/D of gas and liquids capacity by 2030.
-
Eni and ConocoPhillips will join TotalEnergies as international partners with QatarEnergy on the North Field East Expansion, the world’s single largest LNG project ever.
-
Johan Castberg is the biggest oil field to ever be discovered in the Barents Sea, but a constellation of satellite fields are likely needed to keep the development afloat.
-
The project partners and government came together to salvage the stalled East Canada offshore project now due to produce first oil in 2026.
-
The subsea specialist will provide and install flowlines, risers, and umbilicals for the Búzios 8 project offshore Brazil.
-
ExxonMobil and its partners now believe they have discovered 11 billion BOE.
-
At peak, the new discoveries are expected to contribute more than 12,000 BOPD.
-
In three separate incidents over the past 2 months, Chinese law enforcement vessels have challenged marine research and hydrocarbon exploration activities within the Philippines’ exclusive economic zone in the South China Sea.
-
The Barents Sea is the gift that keeps on giving for Equnior which has made its 10th sizeable discovery within the same license area.
-
Norphlet-trend discovery will be developed via a three-well subsea tieback to the Blind Faith FPU.
-
Zachry Industrial highlights the benefits of using advanced modeling to plan the construction to update the $10 billion Golden Pass LNG from an import terminal to an import/export terminal, connecting thousands of project participants during COVID-19 lockdowns.